Press release
Global Betulinic Acid Market Research Report 2023
Betulinic acid is a naturally occurring pentacyclic triterpenoid which has antiretroviral, antimalarial, and anti-inflammatory properties, as well as a more recently discovered potential as an anticancer agent, by inhibition of topoisomerase.The global Betulinic Acid market was valued at US$ 3 million in 2022 and is anticipated to reach US$ 6 million by 2029, witnessing a CAGR of 12.9% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key betulinic acid players include Aktin Chemicals, Capot Chemicals and Kono etc. The top 3 companies hold a share about 57%. Asia-Pacific is the largest market with a share about 41%, followed by Europe and North America.
In terms of product, synthetic type product is the largest segment with a share about 62%. And in terms of applications, the largest application is pharmaceutical with a share about 54%.
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Key Segmentations
By Company
Aktin Chemicals
Capot Chemical
Kono
Tianjin NWS
Segment by Type
Natural Betulinic Acid
Synthetic Betulinic Acid
Segment by Application
Pharmaceutical
Research
Production by Region
China
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
Taiwan
Southeast Asia
India
Latin America
Mexico
Brazil
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SIMILAR REPORTS
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